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How to Trade an Unusually Boring Bitcoin

Bloomberg Crypto

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Is This a Distressed Asset Market Strategy?

If Bitcoin comes on to $17,000 or $18,000, they're actually buying at that level. So is this something else that we're seeing where you do have people who are just going to be long-term? And I really mean like long-term believers in the space. Yeah. Price has come down. Even now at like $19,000, $20,000, if you've been in the space for a long time, you're sitting on still magnitudes of gains.

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